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Industrial & Manufacturing business for sale in North Sydney

  • Industrial & Manufacturing
  • North Sydney NSW 2060
  • $3,800,000 (GST na)

Outdoor Surface Solutions - Est 38 Years - Ebit $1m Plus

FIRST TIME FOR SALE EVER (AFTER 38 YEARS) EST 1980's HIGHLY PROFITABLE BUSINESS!

The owner started this business from scratch in the mid 1980's and is now seeking a well-deserved retirement. Having said that, he certainly has enough "fuel in the tank" to energetically provide a comprehensive handover to a new owner. This business is currently under part management, and is largely operated day to day by the operations manager. The owner spends most of his time at his interstate "home away from home", and currently spends around 10-strategic hours working on the business per week.

The business has enjoyed significant growth over the past year, and has a good foothold in the industry, but there is enormous room for further growth.

With more than 38 years industry experience, their reputation for great service and reliable workmanship is a cornerstone of this business and has resulted from hard work and determination to produce high quality finished products.

* Genuine reason for sale owner wishes to prepare for a well-deserved retirement
* Extensive training and support period will be available to ensure a smooth transition and minimal disruption for an extended period. Owner is willing to stay on for a period
* Strong organisational structure is in place with a highly competent operations manager who basically runs the business day to day
* The owner's involvement is more on a week to week basis emphasising more on financial decision making and weekly management, strategy and long term planning
* Strong well-established name that is respected in the industry by customers and competitors alike
* Solid revenue base with YOY growth can be demonstrated over many years
* Extremely profitable business with sound financials and tax returns available to support the figures excellent cash flows
* Plant and equipment well maintained.
* Premises is owned and hence a long lease is available or the purchase of the premises can be negotiated. Spacious warehousing and spacious offices.
* The ability to produce a wide & varied range of products to a high standard of quality.
* Opportunity to leverage off existing skills and equipment to expand product offering.

Full financial information with explanations will be provided once a buyer completes an NDA.

Consolidated revenue and profits:

FY'24 Revenue:                                     $15,578,494 (significant increase on previous years turnover)
FY'24 Profits after owners wage:             $1,110,666
Price:                                                    $3,800,000 + SAV

An absolute GEM, which ticks many boxes! Please contact Warren Levy for further info 0414 474 777

Core Business Brokers
Core Business Brokers
Suite 1a, Level 13/465 Victoria Ave
Chatswood, NSW 2067
Warren Levy
0414 474 777

Business Highlights

Business ID2019478200
Floor AreaAsk Business Broker
Category
Last updated  9 Sep 2024
Map for North Sydney NSW 2060
Map for North Sydney NSW 2060North Sydney NSW 2060
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Core Business Brokers
Core Business Brokers
Suite 1a, Level 13/465 Victoria Ave
Chatswood, NSW 2067
Warren Levy
0414 474 777

Business Highlights

Business ID2019478200
Floor AreaAsk Business Broker
Category
Last updated  9 Sep 2024

Listed by

Warren Levy
Core Business Brokers
Call
0414 474 777

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